DEVELOPING THE PAST-PRODUCING SIAN GOLD DEPOSIT IN GHANA
The Indicated Gold Resource at Sian/Praso Now Stands at 192,000 oz (NI 43-101 Compliant); Up 92% Since Last Report
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: African Mining News

Generic_profile
Rank: [?]
Treasurer
Points: [?]
392
Rating: [?]
Votes: 13 Score: 3.3
  • Currently 3.4/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

African Mining News

posted on Oct 20, 08 06:11AM

South African gold mines resume operations

SA’s Gold Fields, world’s number four gold producer has resumed operations at its Kloof mine after authorities shut it down, following death of a miner. The Africa’s second largest gold producer, also restarted business at its Driefontien mine after it was forced to close shop, when two workers died.The Group said it got government’s go-ahead to resume work on both mines, located near Johannesburg. The mines according to group chief executive officer Nick Holland were hit by tremors, which trapped workers underground, killed one and injured four others.Holland had told the media that in past four or five quarters, the group was losing an average of about 700kg a quarter due to safety stoppages, but losses had eased as safety improved, according to Afrol News.
Driefontein and Kloof are located west of Johannesburg in Witwatersrand area, which has some of world’s deepest and most dangerous gold mines. Gold Fields, Africa’s biggest miner of metal after Anglo Gold Ashanti Ltd, reportedly produced 928,000 ounces at Driefontein in fiscal 2008 and 821,000 ounces at Kloof.

South Africa is said to be currently reviewing results of a mine safety audit ordered after more than 3,000 Harmony Gold Mining Co. workers were trapped underground in Elandsrand mine a year ago.

Government began suspending mining operations following fatal accidents after mine deaths rose more than 10 percent last year to an estimated 221 from a year earlier. Gold Fields reportedly advanced R2 or 2.8 percent to R74.75 in Johannesburg, giving the company a market value of R49 billion (US$4.9 billion).

Group has gold mines in South Africa, Ghana, Australia and Peru. South Africa reportedly has an appalling safety record and about 140 workers have died in mines so far this year, compared to 221 in 2007 and 200 in 2006.

Gold Fields has had worst record of deaths among mining companies, and it has vowed to cease mining if it cannot mine safely. At the time, it shut part of Driefontein for safety improvements, group also closed main shaft at its Kloof mine in South Africa for safety repairs.

South Africa has an appalling safety record with about 140 workers dead in mines so far this year, compared to 221 for whole of 2007, and 200 in 2006, reports show.

New Message

Please login to post a reply

AGORACOM Quick Tips

Recent Drill Results: 63m of 1.21 g\t gold and 2m of 13.95 g/t gold ... Learn More!
Watch
Today's Show
in 00:00:000

President's D.D.

Midlands Minerals is on Haywood Securities Mining 2008 "Radar Guide" read more